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'Pay Immediately' option for eBay's 'Buy It Now' - Is it a good idea?

  • avatar

    by: wargamedt9644
    New SaleHoo Member
    6 posts

    'Pay Immediately' option for eBay's 'Buy It Now' - Is it a good idea?

    Posted 14 Jul 10 8:30 pm.

    Hi I'm currently selling some shoes on ebay. At first I didn't enable the pay immediately option and I got 2 sales within the first day of listing it. Now I've enabled the "pay immediately" option and I haven't sold any pair of shoes in almost a week. Do you think it's because I enabled this option? Please give me some advice, thanks
  • avatar

    by: fudjj
    SaleHoo Staff
    2969 posts

    Re: 'Pay Immediately' option for eBay's 'Buy It Now' - Is it a good idea?

    Posted 14 Jul 10 10:29 pm.

    I don't personally request payment on sale as I feel it restricts the market, but I offer other payment options as well and base my decision on allowing a customer to buy, and then pay through whatever option they prefer.

    If I was to request instant payment upon sale then I would be restricting my sales to PayPal customers only.

    I leave it the required period of 96 hours, send two payment requests within that period, then if no payment or correspondence is received I file an eBay dispute to reclaim the sale fees, and then block the bidder so they can't stuff me around again.

    : )

    Marc Ransom

    Community Manager
    SaleHoo.com

    About the Community Manager

  • avatar

    by: wargamedt9644
    New SaleHoo Member
    6 posts

    Re: 'Pay Immediately' option for eBay's 'Buy It Now' - Is it a good idea?

    Posted 15 Jul 10 12:35 am.

    I don't personally request payment on sale as I feel it restricts the market, but I offer other payment options as well and base my decision on allowing a customer to buy, and then pay through whatever option they prefer.

    If I was to request instant payment upon sale then I would be restricting my sales to PayPal customers only.

    I leave it the required period of 96 hours, send two payment requests within that period, then if no payment or correspondence is received I file an eBay dispute to reclaim the sale fees, and then block the bidder so they can't stuff me around again.

    : )

    Thanks for the advice. I unchecked the "pay instantly" option and I gave them 5 days to pay after winning the auction. Also, I'm a small time seller, I only sell a few shoes per month ( around 10). I was looking on ebay and they said it wasn't worth accepting credit cards if you're not planning on having a big business. Can you offer me some advice whether or not it's worth the extra fee to accept credit cards and other payment methods and how I would go about doing that? thanks
  • avatar

    by: richellemonfort
    SaleHoo Staff
    3746 posts

    Re: 'Pay Immediately' option for eBay's 'Buy It Now' - Is it a good idea?

    Posted 15 Jul 10 1:05 am.

    Hi wargamedt9644,

    I tried searching for links to confirm any additional fees for sellers accepting credit cards and/or other payment options but I couldn't find any.

    Personally, I think offering additional payment options is a good way to attract buyers - more options is often better! A number of people are not very keen on using PayPal these days due to their rising processing fees..:( So credit cards may be good for your listings whether your a small or big time seller, so long as you sell constantly not just whenever you feel like it.

    Hope this helps.

    Richelle

    Customer Support
    SaleHoo Group Limited
    Sell more with your own professionally designed and search optimized e-commerce website. Check out SaleHoo Stores now!

  • avatar

    by: wargamedt9644
    New SaleHoo Member
    6 posts

    Re: 'Pay Immediately' option for eBay's 'Buy It Now' - Is it a good idea?

    Posted 15 Jul 10 1:44 am.

    Hi wargamedt9644,

    I tried searching for links to confirm any additional fees for sellers accepting credit cards and/or other payment options but I couldn't find any.

    Personally, I think offering additional payment options is a good way to attract buyers - more options is often better! A number of people are not very keen on using PayPal these days due to their rising processing fees..:( So credit cards may be good for your listings whether your a small or big time seller, so long as you sell constantly not just whenever you feel like it.

    Hope this helps.
    Thanks for the advice. So in order to accept credit cards on ebay, is that something that's done via paypal or do I have to set up an account with a whole new website? Thanks

  • avatar

    by: richellemonfort
    SaleHoo Staff
    3746 posts

    Re: 'Pay Immediately' option for eBay's 'Buy It Now' - Is it a good idea?

    Posted 15 Jul 10 2:56 am.

    You can accept credit card payments for your Internet merchant account directly through eBay checkout by setting up a Payflow payment gateway account. If you don't have an internet merchant account, you can also accept credit card payments through PayPal, Propay and most other payments processors. To learn more about your options, please go to this link:

    link hidden

    Cheers!

    Richelle

    Customer Support
    SaleHoo Group Limited
    Sell more with your own professionally designed and search optimized e-commerce website. Check out SaleHoo Stores now!